Optima Capital LLC Purchases 39,086 Shares of Cambria Global Value ETF $GVAL

Optima Capital LLC grew its position in Cambria Global Value ETF (BATS:GVAL) by 37.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 143,256 shares of the company’s stock after buying an additional 39,086 shares during the period. Cambria Global Value ETF makes up 2.0% of Optima Capital LLC’s portfolio, making the stock its 10th largest position. Optima Capital LLC’s holdings in Cambria Global Value ETF were worth $4,187,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new stake in Cambria Global Value ETF during the 2nd quarter worth $26,000. Beacon Capital Management Inc. bought a new stake in shares of Cambria Global Value ETF in the second quarter worth about $51,000. Private Trust Co. NA bought a new stake in shares of Cambria Global Value ETF in the second quarter worth about $155,000. Belpointe Asset Management LLC acquired a new stake in shares of Cambria Global Value ETF during the second quarter worth about $205,000. Finally, Stone House Investment Management LLC bought a new position in shares of Cambria Global Value ETF during the 2nd quarter valued at about $221,000.

Cambria Global Value ETF Stock Performance

Shares of GVAL opened at $32.88 on Wednesday. The stock has a 50 day simple moving average of $31.26 and a 200 day simple moving average of $29.57. Cambria Global Value ETF has a 52-week low of $19.95 and a 52-week high of $28.96. The firm has a market capitalization of $282.73 million, a PE ratio of 10.49 and a beta of 0.76.

Cambria Global Value ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were given a dividend of $0.2535 per share. This is a positive change from Cambria Global Value ETF’s previous quarterly dividend of $0.21. This represents a $1.01 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, December 18th.

Cambria Global Value ETF Profile

The Cambria Global Value ETF (GVAL) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to select the top 25% of countries from a list of 45 developed and emerging economies, then selects approximately 100 securities from those countries. GVAL was launched on Mar 12, 2014 and is managed by Cambria.